Inflation slowed in January to its tamest pace since May 2025 as the economy seemingly skirts the full effects of President ...
Inflation continued its downward trajectory in August, according to data released Wednesday morning, though the focus for the health of the U.S. economy has largely shifted from whether inflation will ...
CNN business reporter Matt Egan on Friday highlighted an “encouraging” new inflation report from the Bureau of Labor ...
Key Takeaways Fed officials refrained from cutting interest rates at their most recent meeting out of concern that inflation is still running over the Fed's 2% target.The stubbornness of inflation, ...
Consumer prices rose 2.9% in July compared to a year ago, cooling slightly from the previous month and extending a monthslong slowdown of price increases. The fresh inflation reading outperformed ...
The consumer price index rose 2.5% in August 2024, on an annual basis, the Bureau of Labor Statistics said. That CPI inflation reading is the lowest since February 2021. Inflation has gradually ...
Consumer prices rose slightly in September as the Federal Reserve prepared to cut interest rates and ease off the brakes of the U.S. economy. The consumer price index, a closely watched gauge of ...
Forbes contributors publish independent expert analyses and insights. Top-ranked economist, futurist, keynote speaker, bestselling author. Aug 14, 2024, 09:40am EDT Nov 12, 2024, 06:35pm EST When will ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
Inflation fell two-tenths of a percentage point to 2.1% for the year ending in April, the Bureau of Labor Statistics reported Friday in an update to the Federal Reserve’s preferred gauge. That ties ...
Inflation was 1.4% when Biden took office. It reached 9.1% nearly a year and a half into his presidency, coinciding with a period of rapid economic growth. As he defended his record in an interview ...
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